Microsoft, OpenAI are Nvidia are among the investors backing a Silicon Valley start-up that aims to introduce artificial intelligence-powered humanoid robots to the workforce and transform the global labour market.
Figure AI said on Thursday it had raised $675mn from some of the world’s leading AI companies in a new funding round that valued the company at $2.6bn. It plans to use the capital to scale up its AI training, robot manufacturing and hire more engineers.
The start-up has also struck an agreement with OpenAI to develop the “next generation AI models for humanoid robots” and signed an AI infrastructure deal with Microsoft, the company added.
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